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Intel tries to recoup some losses - Analysis - 11-03-2020

Economies.com
2020-03-11 12:21 UTC

Intel's stock spiked 6.16% in the last session, settling at 53.98, amid the dominance of the downward short-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI. 

 

Therefore we expect the stock to return lower, targeting the support of 49.07, as long as the resistance of 55.77 holds on.

 

Expected trend for today: Bearish 

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IBM rises in volatile session - Analysis - 11-03-2020

Economies.com
2020-03-11 12:21 UTC

IBM's stock powered up 5.91% in the last session, amid the dominance of the downward short-term trend, while hurt by piercing the main upward trend line in the long term, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA.

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Hewlett-Packard muscles through negative pressures - Analysis - 11-03-2020

Economies.com
2020-03-11 12:20 UTC

Hewlett-Packard's stock rallied 4.38% in the last session while hurt by exiting an ascending price channel recently, amid negative signals from the RSI, coupled with negative pressure from the 50-day SMA.

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Midday update for Wheat price 11-03-2020

Economies.com
2020-03-11 10:42 UTC

Wheat price faces negative pressure to break 520.30 level and settles below it now, which turns the intraday track to decline, on its way to head towards 503.70 that represents the first negative target.

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